Kotak Bank has an extensive network of branches in all most all tier I and tier II cities. A consumer in a quest for a personal loan may personally visit anyone of its branch.

Personal loan can be termed as a loan to meet any situation. Be it a wedding occasion, buying of white goods, medical emergency and holidays, a personal loan may be invested as initial booking amount for property. Kotak Bank personal loan is available for salaried people at a competitive rate of interest.

Incorporated in 1985, Kotak Mahindra Bank has placed itself as one of the leading financial institutions in offering a range of personal banking products.

In addition to this, other necessary conditions that are required for a personal loan are:

Q1) What is the maximum loan tenure of Kotak Mahindra Bank personal loan?The maximum loan tenure of Kotak Mahindra Bank personal loan is 60 months.Q2) Can an applicant choose between fixed or floating interest rate?Yes, an applicant has the option to avail Kotak Mahindra Bank personal loan with either a fixed interest rate or floating rate.Q3) Does the borrower has the option to prepay the loan amount?Yes, the borrower has the option to prepay Kotak Mahindra Bank personal loan amount without any prepayment penalty.Q4) Do an applicant needs to provide security to apply for Kotak Mahindra Bank personal loan?No security is required to apply for Kotak Mahindra Bank personal loan.